Nielsen (NLSN) Stock Rating Lowered by Barclays
Nielsen (NYSE:NLSN) was downgraded by investment analysts at Barclays from an “equal weight” rating to an “underweight” rating in a report released on Thursday.
NLSN has been the topic of a number of other reports. SunTrust Banks reissued a “buy” rating and issued a $42.00 target price on shares of Nielsen in a research note on Friday, November 10th. BidaskClub lowered shares of Nielsen from a “buy” rating to a “hold” rating in a research note on Saturday, August 19th. Cantor Fitzgerald reissued a “hold” rating and issued a $45.00 target price on shares of Nielsen in a research note on Monday, October 23rd. Credit Suisse Group decreased their target price on shares of Nielsen from $47.00 to $46.00 and set an “outperform” rating on the stock in a research note on Thursday, October 26th. Finally, Zacks Investment Research raised shares of Nielsen from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. Nielsen presently has a consensus rating of “Hold” and a consensus target price of $44.07.
Nielsen (NYSE NLSN) opened at $36.95 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.88. Nielsen has a 12 month low of $34.22 and a 12 month high of $45.73. The firm has a market cap of $13,505.89, a P/E ratio of 20.95, a price-to-earnings-growth ratio of 1.79 and a beta of 0.94.
In related news, CEO Dwight Barns bought 13,631 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average price of $36.86 per share, for a total transaction of $502,438.66. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Luca Guerrino De bought 1,369 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was bought at an average price of $36.54 per share, with a total value of $50,023.26. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by company insiders.
A number of institutional investors have recently bought and sold shares of NLSN. Capital Research Global Investors increased its holdings in Nielsen by 21.2% in the 2nd quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock valued at $1,469,362,000 after purchasing an additional 6,648,088 shares during the last quarter. FMR LLC boosted its position in Nielsen by 274.4% in the 2nd quarter. FMR LLC now owns 3,952,896 shares of the business services provider’s stock valued at $152,819,000 after buying an additional 2,897,137 shares during the period. The Manufacturers Life Insurance Company boosted its position in Nielsen by 143.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,877,253 shares of the business services provider’s stock valued at $188,555,000 after buying an additional 2,870,282 shares during the period. Parnassus Investments CA purchased a new position in Nielsen in the 3rd quarter valued at approximately $103,625,000. Finally, Point72 Asset Management L.P. purchased a new position in Nielsen in the 3rd quarter valued at approximately $74,116,000. Hedge funds and other institutional investors own 95.65% of the company’s stock.
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.
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